Bregal, of New York, said the deal for Keg Logistics fell within its typical equity investment range of $15 million to $75 million, adding that it only invested equity and didn’t use debt from the credit portion of its fund.

The firm hopes to take advantage of a boom in the brewery industry, as millennial consumers opt for craft beers and microbrews. This year, the brewery sector overall has experienced annual growth of 5.6% and is expected to notch about $37 billion in total revenue, according to data provider IbisWorld. Exports have increased, too, and craft beer is taking a stronger foothold in Europe, IbisWorld added.

Keg Logistics will look to expand further into Europe and make add-on acquisitions of companies with similar business models, said Bregal Sagemount Managing Partner Gene Yoon.

(LBO Wire is a daily newsletter with comprehensive analysis of all the investments, deals, fundraisings and personnel moves involving private equity firms. For a two-week trial, visit http://on.wsj.com/DJPEVCNews, scroll to the bottom and click “try for free.”)